Press coverage about Macro Bank (NYSE:BMA) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Macro Bank earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 45.7501134053726 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of Macro Bank (BMA) opened at 105.98 on Friday. The stock has a 50 day moving average of $94.81 and a 200 day moving average of $88.75. The firm has a market cap of $6.98 billion, a price-to-earnings ratio of 17.04 and a beta of 1.37. Macro Bank has a 52-week low of $61.12 and a 52-week high of $108.99.

Several equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Macro Bank from a “hold” rating to a “buy” rating and set a $119.00 price objective for the company in a research report on Tuesday. ValuEngine raised shares of Macro Bank from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. BidaskClub raised shares of Macro Bank from a “hold” rating to a “buy” rating in a research report on Saturday, August 26th. Finally, Credit Suisse Group raised shares of Macro Bank from a “neutral” rating to an “outperform” rating in a research report on Tuesday, June 13th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Macro Bank presently has a consensus rating of “Buy” and a consensus price target of $102.75.

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Macro Bank Company Profile

Banco Macro SA is an Argnetina-based financial institution (the Bank) that offers traditional bank products and services to companies, including those operating in regional economies, as well as to individuals. In addition, the Bank performs certain transactions through its subsidiaries, including mainly Banco del Tucuman, Macro Bank Ltd, Macro Securities SA, Macro Fiducia SA and Macro Fondos SGFCI SA.

Insider Buying and Selling by Quarter for Macro Bank (NYSE:BMA)

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